HUD has published three new and two revised Neighborhood Stabilization Program (NSP) program income forms to accommodate transfers of funds to open Community Development Block Grant (CDBG) programs. The forms were developed and/or revised as the result of comments received from the field, in particular about how States are to handle program income. There are now a total of five forms or templates for field office use:
- Entitlement Grantee Notification Template for Transfer Approval or Denial by FO
- State Grantee Notification Template for Transfer Approval or Denial by FO (New)
- FO Checklist for the Review of Entitlement Grantee Request to Transfer NSP PI
- FO Checklist for the Review of State Grantee/Sub-Grantee Request to Transfer NSP PI (New)
- Grantee Request PI Transfer Template (New)
View the forms.
New FAQs for State Grantees have been added to the existing FAQs to assist both subgrantees and States when planning and later transferring NSP program income to CDBG programs. Transfers can move funds to a non-entitlement open State CDBG grant, an entitlement NSP subgrantee of the state or to a State’s own CDBG program.
View the FAQs.
Please contact your Community Planning and Development Representative or the NSP mail box at email@example.com, should you have any questions or concerns regarding these templates or FAQs. For webinars and additional resources available on program income transfers and closing out NSP grants please visit the NSP page on the HUD Exchange. If you have not signed up for the NSP Mailing List, please do so on the HUD Exchange.